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3.1 Canada on the world stage
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12 Terms
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1
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Canada
________ is a large country with a small population.
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cultural industry
The ________ provides employment for skilled workers and is a growth industry in Canada.
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Competitive advantage
________: A product that a country or company is better at producing than its competitors.
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service sector
The ________ is the largest employer in Canada.
5
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Competitive advantage
A product that a country or company is better at producing than its competitors
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Service
Which sector is the largest employer in Canada?
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Capital Market
A financial system that raises money, accesses markets, manages risk, and purchases or disposes of assets
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Increase employment
Access to better technology
new products and services
diversity on Canadian culture
positive aspects of competitive advantages
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Loss of manufacturing jobs
sale of unsafe products
shift away from Canadian made products and culture
negative aspects of competitive advantages
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Banking system
Designed to handle the ups and downs of the business cycle
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Canada
which country has the soundest banking system
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Cultural industry
Provides employment for skilled workers